Institute for Advanced Study

Institute for Advanced Study is a foundation based in Princeton, New Jersey. Established in 1930, it is one of the world's leading centers for curiosity-driven basic research. It serves as a model for protecting and promoting independent inquiry, prompting the establishment of similar institutes around the world, and underscoring the importance of academic freedom worldwide. The assets of the foundation are managed and governed by the board of trustees.Institute for Advanced Study's investment portfolio is valued at $769.12 million with investments in fixed income, domestic and international equity, private equity, hedge funds, and cash.